Tiscali boss shown the door

Tiscali boss shown the door

February 29, 2016

Tiscali SpA has changed Chief Executive Tommaso Pompei with board member Mario Rosso and designated that the for sale signs may in reality be going out. Pompei will stay on as Director until the endorsement of the 2015 financial results.

Even though no authorized word has come from Tiscali, reports at Reuters indicate that Italy’s Fastweb, Vodafone and BT Group have all approached Tiscali as prospective buyers. Whether they would purchase the entire business, or if it will be split up is uncertain.

Some bidder may, for instance, only be concerned in the UK arm of the business. Tiscali also released introductory revenue figures showing a 34% increase to 910 million euros (£695 million).

The conjecture and contradiction in recent weeks of Tiscali looking to sell has been bewildering, and possibly when their latest results are out, we might hear definitive plans of what is happening with Tiscali.

Tim Yeo

Related Posts

Mobile broadband overtakes Wi-Fi hotspots

Comments Off on Mobile broadband overtakes Wi-Fi hotspots

GAA broadcasting rights secured by RTÉ

Comments Off on GAA broadcasting rights secured by RTÉ

H20 Local fibre service for £699 a month

Comments Off on H20 Local fibre service for £699 a month

Tesco Mobile tops customer satisfaction charts

Comments Off on Tesco Mobile tops customer satisfaction charts

Ofcom bans 0870 revenue sharing

Comments Off on Ofcom bans 0870 revenue sharing

M2M communications to soar

Comments Off on M2M communications to soar

242 million mobile subscribers in India

Comments Off on 242 million mobile subscribers in India

OFCOM could allow UK Broadband to offer WiMax

Comments Off on OFCOM could allow UK Broadband to offer WiMax

Olympic communications require MoD spectrum

Comments Off on Olympic communications require MoD spectrum

Orange implements VAT cut two days early

Comments Off on Orange implements VAT cut two days early

3 introduces mix and match plans for SMEs

Comments Off on 3 introduces mix and match plans for SMEs

T-Mobile free games kick-start marketing revolution

Comments Off on T-Mobile free games kick-start marketing revolution

Create Account



Log In Your Account